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Eco (Atlantic) Oil & Gas Ltd V.EOG

Alternate Symbol(s):  ECAOF

Eco (Atlantic) Oil & Gas Ltd. is a Canada-based oil and gas exploration company with offshore licensed interests in Guyana, Namibia, and South Africa. The Company operates a 100% working interest in the 1,354 square kilometers (km2) Orinduik Block in Guyana. The Orinduik Block is situated in shallow to deep water (70m-1,400m), approximately 170 kilometers (km) offshore Guyana in the Suriname Guyana basin. The Company holds operatorship and an 85% working interest in four offshore petroleum licenses in the Republic of Namibia, being petroleum exploration licenses (PELs) 97 (the Cooper License); 98 (the Sharon License); 99 (the Guy License); and 100 (the Tamar License), representing a combined area of approximately 28,593 km2 in the Walvis Basin. In South Africa, the Company holds an approximately 6.25% working interest in Block 3B/4B and pending government approval of a 75% operating interest in Block 1, in the Orange Basin, totaling some 37,510km2.


TSXV:EOG - Post by User

Comment by exakton Apr 16, 2012 4:14pm
150 Views
Post# 19800120

RE: Something fishy grh525

RE: Something fishy grh525

One stock with a comparison to be fishy is WZR.v i left it i could stand the it after awhile.

It went up and down, good news witha bit of price appreciation, and then down again.

There cant be any real accumulation in EOG.v with these volumes, as soon as someone desides to take a bite of the pie is going to pop.

So yes it´s going to go up and down like a yoyo for awhile.

One could also think that they are bringing it down to these levels pre release GUY report, just to make it pop after that, just speculation from my side but it has happend before.

 

Exakt

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